- Moneycontrol
18 companies see increase in stake by promoters, FIIs, DIIs in March quarter
While the broader stock market remained flat in the March quarter, a group of 18 companies emerged as winners with a significant rise in stake by the trinity of promoters, foreign institutional investors (FIIs) and domestic institutional investors (DIIs).
The likes of Bajaj Holdings & Investment, Shriram Finance, and Deepak Nitrite led the pack in terms of market capitalisation, according to a report by PRIME database.
Vote of confidence
The companies in which the trinity increased their stake during the quarter (in descending order by market capitalisation) include Bajaj Holdings & Investment, Shriram Finance, Deepak Nitrite, Natco Pharma, NCC, Eclerx Services, Jindal Saw, Anant Raj, Hikal, Dhanuka Agritech, Jai Corp, PSP Projects, IOL Chemicals & Pharmaceuticals, Barbeque-Nation Hospitality, Cosmo First, RPG Life Sciences, Pix Transmissions, and Linc.